Market Overview

Kroger Higher After Q1 Beat

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The Kroger Co (NYSE: KR) shares are trading higher by $0.78 at $36.49 in Thursday's session. The catalyst for the rally is a Q1 EPS beat of a penny along with a slight beat for revenues.

Off the open, it immediately found resistance at $36.98 and pulled back sharply to $36.15. The high coincides with May 16 highs at $36.94.

Since making the low, it made another run at the $37 area but was turned back at $36.94.

Posted-In: Technicals Intraday Update Movers Trading Ideas

 

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